Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 17.17 to 27.5 . . 16.75 (104.07%)
Intermediate 20.35 to 27.5 . . 16.75 (150.35%)
Short 22.91 to 27.5 . . 16.75 (234.20%)